Azerbaijan's trade with Persian Gulf countries increased 28% from Jan-Aug 2021, with exports doubling and key investments in renewable energy.

Azerbaijan's trade with Persian Gulf countries surged by 28% from January to August 2021, with exports doubling, as reported by Deputy Economy Minister Anar Akhundov. Key investments include Saudi Arabia's ACWA Power and UAE's Masdar in renewable energy projects. The ongoing economic cooperation focuses on energy, transportation, tourism, and agribusiness, aiming to enhance trade and mutual investments while fostering regional stability and prosperity.

September 26, 2024
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